The Real Estate Institute said today home sales nationally were down 12.9% in March compared to a year ago.
In Auckland the fall was 18.2%. Excluding Auckland, it was 10.5%.
March sales went from:
- a national total 7964 last year to 6938
- in Auckland, from 2451 to 2006
- excluding Auckland, from 5513 to 4932.
Median house prices nationally rose 4.5%, this March compared to last March, to $585,000 ($560,000).
In Auckland, the median fell 2.7% to $856,000 ($880,000).
Excluding Auckland, the median rose 6.7% to $491,000 ($460,000).
- I expect to add to the detail on Saturday.
Attribution: Institute release.